answer text |
<p>The Government is determined to protect consumers and further improve the resilience
of the finance sector.</p><p> </p><p>The Financial Authorities (HM Treasury, the Bank
of England, Prudential Regulation Authority, and the Financial Conduct Authority)
work together to assess, test and improve the operational resilience, including cyber
resilience, of the finance sector.</p><p> </p><p>The finance sector also benefits
from a dedicated team within the National Cyber Security Centre, who work closely
with industry, the Financial Authorities, and the National Crime Agency to protect
firms and provide support during incidents.</p><p> </p><p>In July 2018, the Prudential
Regulation Authority and the Financial Conduct Authority published a joint Discussion
Paper on an approach to improve the operational resilience, including cyber resilience,
of firms and financial market infrastructures.</p><p> </p><p>It has also been made
easier for customers to report fraud or cybercrime to law enforcement. Action Fraud
is the UK’s reporting centre for fraud and cybercrime, providing a central point of
contact for information about fraud and financially motivated internet crime.</p><p>
</p>
|
|